In spite of employment at will, employees may not be fired for filing workers' compensation claims
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Recently, the courts have ruled that employees who file workers' compensation claims are protected by law.
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Regarding the Statement of Cash Flow, which of the following is not true regarding operations?
a. A financially healthy company generates sustained cash inflows from selling goods and providing services b. Assessed over several years, the cash flow from operations indicates the extent to which operating activities generate more cash than they use c. A firm can use the excess cash flow from operations to acquire buildings and equipment, pay dividends, retire long-term debt d. A firm cannot use the excess cash flow from operations for investing and financing activities e. All of the above are not true.
A study of 50 managers of supermarkets in the Netherlands found that
a. initiating structure had a moderate to large effect on net profit b. initiating structure had a small to moderate effect on controllable waste c. both “a” and “b” d. initiating structure had no effect on net profit or on controllable costs
XYZ Corp has an expected return of 16%. If the risk free rate is 4.5% and the return for the market is 20%, calculate the Beta for XYZ
A) 1.35 B) 0.86 C) 0.74 D) 1.12 E) 0.95
Fun Toyz Corporation makes skateboards, which it sells to consumers, including Gitana. Gitana is injured due to a defect in the board that causes an accident in which Haley, a bystander, is also injured. In a product liability suit based on strict product liability, Fun Toyz may be liable to
A. Gitana and Haley. B. Gitana only. C. Haley only. D. no one.